Unless you were hiding under a rock in 2022, you would have heard about the metaverse concept. Companies such as Meta, The Sandbox, and Decentraland have all tried to offer cutting-edge metaverse experiences, but unfortunately, this did not go to plan.
Technology and consumers are not ready for decentralized entertainment experiences, leaving crypto enthusiasts to favor investing in tokens that offer financial products with real value, such as TMS Network. So, does this mean that The Sandbox (SAND) and Decentraland (MANA) are dead, or is it only a matter of time until they overtake TMS Network (TMSN)? Read on to find out!
The Sandbox (SAND)
The Sandbox is a decentralized crypto entertainment platform representing an early proof-of-concept for the metaverse. On The Sandbox (SAND), gamers can socialize with friends, complete missions, battle enemies, earn rewards, and trade NFTs within a single environment. The Sandbox encourages user-generated content, which it aims to leverage to achieve the ambitious metaverse concept found in sci-fi to this day.
However, many critics are skeptical about The Sandbox – while the platform is indeed decentralized, there’s not much going on in the game that cannot be found in games such as Roblox and VR Chat, raising the question as to whether the metaverse truly exists yet. This will become clearer in the coming years, but for now, The Sandbox (SAND) is generally considered too early for the metaverse party.
Decentraland is another metaverse platform facing scrutiny from analysts. Gamers within the Decentraland (MANA) environment can enjoy many of the same experiences as The Sandbox gamers, such as tradable items, virtual adventures, and decentralized digital society. Players can even invest in in-game land, which Decentraland claims could be worth a lot of money in the future.
However, this investment in land is raising some serious red flags amongst investment communities – while it sounds great in theory, there is no guarantee that Decentraland (MANA) will hold value in the future, and this goes for the land too. Ultimately, this makes Decentraland a risky investment, especially compared to tried-and-tested investment products such as TMS Network.
TMS Network (TMSN)
TMS Network is a decentralized platform much like The Sandbox and Decentraland. Still, instead of focusing on the futuristic metaverse concept, it instead innovates on the pre-existing investment industry. Within TMS Network (TMSN), investors can trade all major asset types, earn volume-based commissions, and even automate their strategies through social trading tools, leading to many monetization routes for TMSN token holders.
There’s no denying that TMS Network (TMSN) will face competition from many other investment platforms. Still, the token’s unified approach to assets, on-platform education suite, and decentralized governance system will allow the platform to stand out. In fact, TMS Network has already enjoyed a lucrative start to 2023, raising $4.0 million in its initial presale and its total revenue by a whopping 2240%!
In conclusion, the metaverse has a lot of potential for the future. The Sandbox (SAND) and Decentraland (MANA) are two top contenders that could be a part of this, but the technology is not there yet. Many analysts believe these tokens to be glorified video games with a monetized element, lacking true value (for now at least) compared to the investment opportunities on TMS Network (TMSN).
It may be worth investing in The Sandbox and Decentraland in the long run, but for now, it is safer to invest in stocks, crypto, and derivatives within the TMS Network platform. Be snappy about it, though – you’ve already missed the opportunity to get in on TMSN at $0.01, and at its current value of $0.08, you’ll soon regret missing out when it eventually reaches dollar status.
To learn more about TMS Network’s (TMSN) second presale phase, check out the links below:-